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Published on : Thursday, February 7, 2013
The traffic developed as expected during January and intercontinental and certain European routes continued to grow well. However, demand is seasonally low in January and the traffic did not fully mach the increased capacity.
Currency adjusted yield (Scandinavian Airlines) in December was up 1.4% versus previous year and RASK was down 3.5% as expected due to different holiday pattern in December 2012
versus December 2011. For January 2013 the yield and RASK (change vs last year) are expected to be positive.
The response to market campaigns is good and forward booking levels continue to be well above last year’s level.
Overall, the market demand continues to be good, but remains unpredictable due to risk in the global economy. This adds uncertainty to the yield and RASK outlook going forward. The capacity increase for the 2012/13 financial year is expected to be approximately 5-6%.
SAS Group product and news update
• SAS launched a BIG sales campaign early January, which
had a strong response contributing to an increase of
bookings in January versus last year.
• From 1 February, SAS and Singapore Airlines launched the
joint venture on flights between Scandinavia and Singapore.
• SAS will from 1 April increase frequencies between
Stockholm and Stavanger.
• SAS will from 31 March commence nonstop flights between Stockholm and Vilnius.
Scandinavian Airlines traffic development
• Number of passengers decreased by 1.8% to 1.7 million
reflecting capacity reductions on certain domestic routes.
• Traffic increased by 3.5% and capacity was up 4.3%.
• The load factor was down 0.5 p.u. to 65.1%.
Scandinavian Airlines increased its traffic program in January and capacity was up 4.3% mostly reflecting additional
intercontinental capacity. Traffic on intercontinental routes increased 11.8% combined with improved load factors.
The European/intrascandinavian traffic increased by 1.2% but the traffic did not match the capacity increase of 5.1% as demand on certain longer leisure routes is seasonally low in January. Capacity on domestic routes was down 0.6% and traffic decreased 4.8%, mostly driven by significant reductions on finnish domestic routes.
Source:- SAS Group